Form 4 for OWLT Owlet, Inc.
Accepted 2021-11-17 00:00:00 ET · period of report 2021-11-15 · accession 0001567619-21-020692 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-17 | 2021-11-15 | OWLT | Scolnick Kathryn R. | CFO | A - Grant | $0.00 | +247.1K | 247.1K | New | $0 |
| D | 2021-11-17 | 2021-11-15 | OWLT | Scolnick Kathryn R. | CFO | A - Grant | $0.00 | +247.1K | 247.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-15 | A | A | 247,113 | $0.00 | 247,113 | D | — | — | (F1) Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 25% of the RSUs shall vest on the one year anniversary of February 15, 2021 (the "Vesting Commencement Date"), and 1/16th of the total number RSUs vest quarterly thereafter, subject to the Reporting Person's continued service to the issuer. (F2) Includes 247,113 RSUs. |
| 2 | Derivative | Stock Option (Right to Buy) | 2021-11-15 | A | A | 247,113 | $0.00 | 247,113 | D | $4.67 · — to 2031-11-15 | 247,113 Common Stock | (F3) 25% of the shares subject to the option vest on the first anniversary measured from March 15, 2021 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date. |